New Zealand Oil & Gas Ltd. engages in the production and exploration of crude oil, natural gas, liquefied petroleum gas, and light oil. It operates through the following business segments: Kupe Oil and Gas Field, Oil and Gas Exploration, Cue Energy Resources Ltd. (Cue), and Other and Unallocated. The Kupe Oil and Gas Field offers natural gas, LPG, and condensate. The Oil and Gas Exploration segment includes exploring and evaluating hydrocarbons. The Cue segment is an acquired company by the firm. The Other and Unallocated segment comprises of other business activities. The company was founded by Antony Roy Radford on June 12, 1981 and is headquartered in Te Aro, New Zealand.